About Parahit Technologies Limited
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Parahit Technologies Limited is a public limited company based in New, Delhi, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 16 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2016PLC291216. Its GSTIN is 07AAICP4994P1ZF (Delhi). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Melissa Payos Martinez and Hemanth Purohit.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 139/1 Second Floor Basist Complex M.B. Road Khanpur, New, Delhi, India – 110068.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.93 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 7.9%) and EBITDA of ₹2.33 Cr (EBITDA margin 18%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 33% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Parahit. As per MCA filings, the company has open charges of ₹2.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parahittech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address139/1 Second Floor Basist Complex M.B. Road Khanpur, New, Delhi, India – 110068
- IndustryInformation Technology, Software Development & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Parahit Technologies Limited
Parahit Technologies operates one associated brand: Parahit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers cloud-based telephony solutions, dialers, and communication services for enterprises. | parahittech.com |
Competitors & Alternatives of Parahit Technologies Limited
Brands and companies operating in the same space as Parahit Technologies Limited include Twilio, Genesys, Capillary Technologies and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Twilio | Cloud-based omnichannel communication and customer engagement platform is utilized. | San Francisco, United States | 2008 |
 Genesys | Cloud-based omnichannel customer experience and contact center solutions are delivered. | Daly City, United States | 1990 |
 Capillary Technologies | AI-powered loyalty management software is offered for enterprises. | Bengaluru, India | 2008 |
 Freshworks | Cloud-based business process management suite solutions are delivered. | San Mateo, United States | 2010 |
 Dialpad | Cloud-based unified communication solutions including voice and video are provided. | San Ramon, United States | 2011 |
 Sprinklr | Cloud-based customer experience management software is provided for brands. | New York, United States | 2009 |
 Gupshup | Tools for customer engagement across multiple channels are provided. | San Francisco, United States | 2004 |
 Braze | AI-based omnichannel customer engagement solutions are delivered to businesses. | New York, United States | 2011 |
 CleverTap | Cloud-based customer engagement platform for messaging and analytics is utilized. | San Francisco, United States | 2013 |
Business Activity of Parahit Technologies Limited
The main business activity of Parahit Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Parahit Technologies Limited
Parahit Technologies Limited is audited by S Vasudeva & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S Vasudeva & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Parahit Technologies Limited
Parahit Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Melissa Payos Martinez Also directs: Parahit Soft Tech Private Limited, Parahit Realty Private Limited, Xdots Tech Global LLP and 1 more | Director | 16 Feb 2016 | 10 Years 7 Months | Current |
| Hemanth Purohit Also directs: Parahit Soft Tech Private Limited, Parahit Realty Private Limited | Director | 25 Aug 2018 | 8 Years 1 Months | Current |
| Amit Kumar Sajwan Also directs: Parahit Soft Tech Private Limited | Director | 16 Feb 2016 | 10 Years 7 Months | Current |
Financials of Parahit Technologies Limited FY 2024 filings available
Parahit Technologies Limited reported revenue of ₹12.93 Cr (up 72% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Parahit Technologies Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 72% growth in the latest year. EBITDA rose 74% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Parahit Technologies Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.33 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.02 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Parahit Technologies Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Parahit Technologies are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Parahit Technologies Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Parahit Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2024 | Hdfc Bank Limited | ₹20.03 Lakh | Open |
| 16 Jun 2023 | Hdfc Bank Limited | ₹30.09 Lakh | Open |
| 19 Dec 2021 | Hdfc Bank Limited | ₹1.6 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Parahit Technologies Limited
Parahit Technologies Limited has a workforce of 30 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Parahit Technologies Limited
Parahit Technologies has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAICP4994P1ZF | Delhi | Active | 01 Jul 2017 |
| 29AAICP4994P1Z9 | Karnataka | Active | 27 Feb 2019 |
| 36AAICP4994P1ZE | Telangana | Active | 13 Aug 2021 |
| 24AAICP4994P1ZJ | Gujarat | Active | 01 Aug 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Parahit Technologies Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Parahit Technologies Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Parahit Technologies Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Parahit Technologies Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Parahit Technologies Limited
Frequently Asked Questions about Parahit Technologies Limited
Parahit Technologies is an active public limited company based in New, Delhi, India. The company works in software development and support services, within the information technology industry. It was incorporated on 16 February 2016 (10+ years old) and is registered under CIN U72900DL2016PLC291216.
Parahit Technologies reported revenue of ₹12.93 Cr for FY 2024 (up 72% YoY).
Parahit Technologies has 3 current directors:
- Melissa Payos Martinez - Director
- Hemanth Purohit - Director
- Amit Kumar Sajwan - Director
Parahit Technologies reported a net profit of ₹1.02 Cr (net margin 7.9%) and EBITDA of ₹2.33 Cr (EBITDA margin 18%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Parahit Technologies is 45% over three years and 33% over five years. In the latest year (FY 2024) revenue rose 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Parahit Technologies is 07AAICP4994P1ZF, registered in Delhi. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AAICP4994P1Z9 (Karnataka), 36AAICP4994P1ZE (Telangana), 24AAICP4994P1ZJ (Gujarat).
The CIN (Corporate Identification Number) of Parahit Technologies is U72900DL2016PLC291216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parahit Technologies was incorporated on 16 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Parahit Technologies can be reached through the website parahittech.com. Its registered office is in New, Delhi, India.